Daily digest market movers December rate cut hanging by a thread

avatar
· Lượt xem 97


  • The Mortgage Bankers Association (MBA) kicks off this Wednesday’s calendar at 12:00 GMT  with its weekly Mortgage Applications tracker. Last week, applications fell by a steep 10.8%. 
  • The US Consumer Price Index (CPI) release for October is due at 13:30 GMT:
  • Monthly headline inflation is expected to remain stable at 0.2%, and the yearly reading is expected to tick up to 2.6% from 2.4%.
  • Monthly core inflation is expected to remain unchanged at 0.3%, with the yearly figure also stable at 3.3%.
  • Five Federal Reserve members are set to speak out this Thursday:
    • Federal Reserve Bank of Minneapolis President Neel Kashkari is interviewed on Bloomberg TV at 13:30 GMT.
    • Near 14:30, Federal Reserve Bank of New York President John Williams delivers welcome remarks at the Academy for Teachers Master Class in New York.
    • Federal Reserve Bank of Dallas President Lorie Logan delivers opening remarks at the ninth joint energy conference hosted by the Federal Reserve Banks of Dallas and Kansas City near 14:45 GMT.
    • Federal Reserve Bank of St.Louis President Alberto Musalem delivers a speech and participates in a Q&A session about the US economy and monetary policy at the Economic Club of Memphis at 18:00 GMT.
    • Around 18:30 GMT, comments are expected from Federal Reserve Bank of Kansas City President Jeffrey Schmid, who delivers a keynote speech at the ninth joint energy conference hosted by the Federal Reserve Banks of Dallas and Kansas City.
  • Equities are looking for direction after their lacklustre performance on Tuesday. Marginal gains and losses are seen in both the European and US equity markets. 
  • The CME FedWatch Tool is pricing in another 25 basis points (bps) rate cut by the Fed at the December 18 meeting by 62.4%. A 37.6% chance is for rates to remain unchanged. While the rate-cut scenario is the most probable, traders have pare back some of the rate-cut bets compared with a week ago.
  • The US 10-year benchmark rate trades at 4.41%, after briefly ticking 4.45% this Wednesday in Asian trading. 


Tuyên bố miễn trừ trách nhiệm: Nội dung trên chỉ đại diện cho quan điểm của tác giả hoặc khách mời. Nó không đại diện cho quan điểm hoặc lập trường của FOLLOWME và không có nghĩa là FOLLOWME đồng ý với tuyên bố hoặc mô tả của họ, cũng không cấu thành bất kỳ lời khuyên đầu tư nào. Đối với tất cả các hành động do khách truy cập thực hiện dựa trên thông tin do cộng đồng FOLLOWME cung cấp, cộng đồng không chịu bất kỳ hình thức trách nhiệm nào trừ khi có cam kết rõ ràng bằng văn bản.

Website Cộng đồng Giao Dịch FOLLOWME: www.followme.asia

Ủng hộ nếu bạn thích
avatar
Trả lời 0

Tải thất bại ()

  • tradingContest